RECTIFICATION OF ERRORS 1

ERRORS WHICH AFFECT THE TRIAL BALANCE

• TWO SIDES ERRORS

• ONE SIDED ERRORS

• BOTH

• NONE

SALARY PAID NOT POSTED IN SALARY ACCOUNT IS AN EXAMPLE OF

• COMPLETE OMISSION

• PARTIAL OMISSION

• ERROR OF COMPLETE OMISSION

• NONE

GOODS PURCHASED FOR RS 2000 RECORDED AS 20000 IS AN EXAMPLE OF

• COMPLETE OMISSION

• PARTIAL OMISSION

• ERROR OF COMMISSION

• NONE

GOODS PURCHASED FOR RS 10000 RECORDED AS 1000. IS AN EXAMPLE OF

• OMISSION

• COMMISSION

• TWO SIDED

• BOTH B AND C

GOODS RETURNED BY X RECORDED IN PURCHASES BOOK, IS AN EXAMPLE OF

• TWO SIDED

• ONE SIDED

• BOTH

• NONE

SUSPENSE ACCOUNT ALWAYS SHOWS A DEBIT BALANCE

• TRUE

• FALSE

GOODS GIVEN AS CHARITY SHOULD BE DEBITED TO PURCHASE ACCOUNT

• TRUE

• FALSE

IT IS CORRECT TO DEBIT MACHINE ACCOUNT FOR THE AMOUNT SPENT ON THE REPAIRS OF MACHINE PURCHASED SECOND HAND.

• TRUE

• FALSE

GOODS TAKEN BY THE PROPRIETOR FOR PERSONAL USE WILL BE DEBITED TO

• PURCHASES

• SALES

• DRAWINGS

• ALL OF THE ABOVE

GOODS WERE RETURNED TO X FOR RS 351 AND HIS ACCOUNT CREDITED BY 531, IN THE RECTIFYING ENTRY HIS ACCOUNT WILL BE DEDITED BY

• 180

• 881

• 882

• NONE OF THESE